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Wema Bank Appoints New Deputy Managing Director and Executive Director
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Wema Bank, Nigeria’s innovative leader in banking and pioneer of Africa’s first fully digital bank, ALAT, is pleased to announce the appointment of a new Deputy Managing Director and an Executive Director. These strategic appointments, approved by the Board, come as part of the bank’s commitment to ensuring strong leadership succession. The new roles will take effect on December 1, 2024, following the retirement of Mr. Oluwole Akinleye, the current Deputy Managing Director.
Mr. Akinleye, whose retirement will be effective November 30, 2024, has been a vital pillar of Wema Bank’s growth and transformation. Over the past decade, he has demonstrated exemplary leadership across various capacities, including overseeing the Southwest Business, Corporate Banking Division, Customer Experience Management, and Corporate Sustainability. His tenure has been marked by significant contributions to the bank’s strategic objectives and market positioning.
In expressing gratitude for his service, the Board of Directors and management of the Bank disclosed that Mr. Akinleye’s dedication and strategic foresight have been instrumental to Wema Bank’s transformation journey. He is deeply appreciated for his invaluable contributions and they wish him the very best in his future endeavors.
As part of its robust succession planning, Wema Bank has appointed Mr. Oluwole Ajimisinmi as Deputy Managing Director. Mr. Ajimisinmi, who joined Wema Bank in 2009 as Company Secretary/Legal Adviser, was appointed as an Executive Director in 2020. With years of experience in corporate governance, strategic leadership, and banking, he is well-positioned to steer the bank towards its next phase of growth and innovation.
The bank has also named Mr. Olukayode Bakare as Executive Director, effective the same date. A seasoned finance and treasury expert with years of industry experience, Mr. Bakare has been a key driver of Wema Bank’s Treasury, Wholesale Funding, and Global Trade Business. His extensive expertise and leadership will further bolster the bank’s commitment to delivering innovative financial solutions.
Commenting on these appointments, the Board of Directors and management of the Bank said these appointments underscore Wema Bank’s commitment to building a future-ready leadership team. According to the Bank, Mr. Ajimisinmi and Mr. Bakare bring a wealth of expertise, passion, and a clear vision to their new roles. The Bank is confident that their leadership will propel Wema Bank to new heights, ensuring sustained innovation and value creation for its stakeholders.
Wema Bank remains committed to its mission of delivering cutting-edge banking solutions through technology and innovation. With these leadership changes, the Bank is poised to maintain its position as a trailblazer in Nigeria’s financial services sector.
News
Nigerian Catholic priest convicted of sexual assault in US
A Texas jury has convicted former Roman Catholic priest Anthony Odiong of sexually assaulting women to whom he provided spiritual direction, concluding a closely watched case involving allegations that he abused his position as a clergyman to pursue sexual relationships with vulnerable parishioners.
The jury, comprising eight women and four men, found Odiong, 57, guilty of one count of first-degree sexual assault and two counts of second-degree sexual assault involving two women who testified during the trial in Waco.
Odiong, who pleaded not guilty, now faces a possible life sentence on the first-degree charge. Sentencing proceedings are scheduled to begin Monday before the same jury. The second-degree convictions each carry potential prison terms ranging from two to 20 years, The Guardian reports.
Jurors deliberated for about two hours before returning their verdict.
The case initially included allegations involving a third woman, but prosecutors Ryan Calvert and Liz Buice dropped that portion of the case after the complainant, described as being in an “extremely emotionally fragile” state, did not appear in court to testify. Prosecutors said they chose not to compel her appearance, citing her “extremely tenuous” emotional condition.
According to courtroom accounts, Odiong showed little visible reaction as Judge Thomas West read the verdict. He reportedly looked straight ahead during the proceedings before lowering his head as deputies escorted him from the courtroom.
The prosecution stemmed from allegations first brought to public attention in February 2024 by a group of women who accused Odiong of sexual coercion, unwanted touching and abusive financial control while serving as a Catholic priest in Texas and later in Louisiana.
One of the complainants, identified by the pseudonym Mary Doe, later presented a copy of a media report detailing the allegations to Waco police and accused Odiong of assaulting her over three years beginning in 2008.
Investigators subsequently identified a second complainant, known as Jane Doe, who also alleged abuse during the same period while Odiong served in the Waco area. Authorities said additional reports from other women helped establish probable cause for his arrest and prosecution despite the age of the allegations.
During the trial, Mary Doe testified that Odiong initiated a long-term sexual relationship with her while acting as her spiritual adviser as she navigated a difficult divorce and cared for seven children. She and one of her sons told jurors that the child once discovered them having sexual intercourse in her bedroom following a family gathering.
Jane Doe testified that she sought spiritual guidance from Odiong while trapped in an abusive marriage. She alleged that he pressured her to permit sexual acts with her husband that she found painful and then required her to discuss the encounters with him. Prosecutors argued that such conduct constituted sexual assault under Texas law even though Odiong was not directly involved in the sexual activity.
Both women said they met Odiong while he served at St Peter Catholic Center in Waco, a church frequented by students and employees of Baylor University. Their former husbands were Baylor employees, placing them within Odiong’s pastoral reach.
Jurors also heard evidence that DNA testing established Odiong had fathered a child in 2023 with a woman identified as Presley Jones, whom he had counselled spiritually while serving as pastor of St Anthony of Padua Church in Luling, Louisiana.
Although Odiong was not charged in connection with Jones because Louisiana lacks a law similar to Texas’ clergy sexual assault statute, prosecutors argued that the child demonstrated a pattern of sexual relationships with women he met through his ministerial work.
Expert witnesses told the court that clergy members bear responsibility for maintaining professional and spiritual boundaries with those under their care. Jurors also heard testimony regarding the Catholic Church’s requirement that priests remain celibate.
The defence called only one witness, a former parishioner, who testified about Odiong’s character and recalled attending a 2011 gathering at Mary Doe’s home. Under cross-examination, however, the witness acknowledged that Odiong’s conduct fell short of expectations for a religious leader.
Odiong, a naturalised United States citizen, was ordained a Catholic priest in 1993 in his native Nigeria. He was transferred to the Austin Diocese region, which includes Waco, in 2006 under then-Bishop Gregory Aymond.
After studying in Rome, Odiong moved to Luling in 2015, by which time Aymond had become Archbishop of New Orleans.
Church officials in Austin later said they suspended Odiong from ministry in 2019 over allegations involving multiple women. The suspension was not publicly announced at the time, though officials said New Orleans church leaders were informed. Archbishop Aymond did not publicly disclose a similar suspension in New Orleans until late 2023.
News
‘So much injustice going on in Nigeria’ – British rapper Skepta
British-Nigerian rapper, Joseph Adenuga, popularly known as Skepta, has expressed deep concern over the worsening injustice in his Nigeria.
Speaking in a video broadcast, the ‘Bad Energy Stay Far Away’ crooner appealed to celebrities and the international community to assist Nigerians in drawing the global attention to the injustices in Nigeria.
He explained that Nigerians are resilient but have been suffering injustice for long.
“There is so much injustice in Nigeria. And whenever I can whether it is at my shows, verbally or images, whatever I can do, we are going to speak up for injustice at all time.
“Nigerians need help. We need people to speak up for us as well. We need to protect Nigerians. There is so much injustice in Nigeria.
“This is my message to the people; please, I know that we [Nigerians] are resilient and we make everything look good, but we need help, too. Please, help us,” he appealed.
News
Ex-military spokesperson, wife abducted in Katsina
A former Director of Defence Information, Major General Rabe Abubakar, and his wife have been kidnapped by suspected armed bandits in Katsina State, north-west Nigeria.
The incident reportedly happened on Saturday along the Matazu axis of Katsina while the retired senior officer was travelling with his wife to Katsina. Armed attackers intercepted their vehicle and took them away.
A security source told Sahara Reporters that the driver of the vehicle was also attacked but managed to escape despite suffering a gunshot injury during the incident.
According to reports, the vehicle used by the retired general, a red Peugeot 504, was later found and has been taken to the Matazu Divisional Police Headquarters.
An informal security message circulating among military contacts, allegedly shared by retired Brigadier General Sagir Musa, confirmed that the officer and his wife were abducted and urged authorities to act quickly.
As of the time of this report, neither the Katsina State Police Command nor the military had released an official statement on the incident.
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